Ann: Change in substantial holding ESG by DB Grou, page-4

re: Ann: Change in substantial holding ESG by... Hey HM

My 'spin' would be similar to what I think you are implying.

The lads at Santos originally put the bet 'on the nose ' (just like their offer) for a clear YES vote and were pretty confident.

However, the pressure that has been applied by the 300 Spartans has them now putting a 'saver' on a NO vote and after the vote they expect to get more aggressive either a direct hostile bid or a long (or 'short', as in shares) strangulation of the price for the expected hostile bid.

It is nice to know that they feel that they have to 'box' the trifecta now.

When you fight a bigger & stronger bully you only have to put blood in his eye to win.

Really, the pressure is only about to start.

As time goes on our 'ranks' may fracture somewhat as people start to apply personal strategies that suit their own situation & to take advantage of perceived opportunities.

All good by me (and it is smart) and if the NO vote does get up (who knows now?) I am sure the ranks will close again as we either buy in or increase our holdings for the next stage of this saga.

It has been a good fight so far and perhaps if some break the ranks it will be to be more cashed up for the future gains.

If people sell and never want ESG to dampen their doorstep ever again, I surely understand that too.

Will Origin come over the hill to sweep the enemy away? I think that one has blown from 20/1 to 33's, but ya never know.

Very interesting

all the best